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Reported Sunday, CareMax Enters Prearranged Chapter 11, Reaches Deal To Sell MSO And Core Centers' Assets, Secures $30.5M DIP Financing

Author: Benzinga Newsdesk | November 18, 2024 01:27am

Revere Medical Enters into Agreement to Acquire CareMax's Management Services Organization
Agreement in Principle Reached with "Stalking Horse" for Core Centers' Assets
Sale Transactions to be Implemented Through an Expedited Prearranged Chapter 11 Plan Supported by 100% of CareMax's Secured Lenders
CareMax Secures $30.5 Million in Debtor in Possession Financing to Support Operations and Continuing Provision of Healthcare Services Throughout Restructuring Process

Posted In: CMAX